About 1500 West Monroe Street 523
Don't miss an opportunity to purchase a potential huge investment in the West Loop! This 2-bedroom, 2-bathroom condo is located in the tier that is currently receiving structural repairs, which means it can't be occupied until all work is completed, with an expected completion date as early as the 2nd quarter of 2026. Along with the structural repairs, the unit will also be receiving new flooring and paint throughout. As an investment, similar units have been renting in the $3500-$4000 range, offering an almost guaranteed return on your money. For the patient owner/occupant, this is a unique situation in that you'll be avoiding the highly competitive Spring market next year and will be acquiring a very spacious home with a deeded garage parking space in one of Chicago's trendiest neighborhoods. The value is there, all you need is the patience!
Features of 1500 West Monroe Street 523
| MLS® # | 12442545 |
|---|---|
| Price | $300,000 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Acres | 0.00 |
| Year Built | 2001 |
| Type | Residential |
| Sub-Type | Attached Single |
| Status | Active |
Community Information
| Address | 1500 West Monroe Street 523 |
|---|---|
| Area | CHI - Near West Side |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60607 |
Amenities
| Amenities | On Site Manager/Engineer, Receiving Room, Security Door Lock(s) |
|---|---|
| Parking Spaces | 1 |
| Parking | Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Microwave, Dishwasher, Refrigerator, Freezer, Washer, Dryer |
|---|---|
| Heating | Natural Gas, Forced Air |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| # of Stories | 7 |
| Has Basement | Yes |
| Basement | None |
Exterior
| Exterior | Brick, Stone, Limestone |
|---|
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 65 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 680 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | @properties Christie's International Real Estate |
|---|---|
| Contact Info | 312-254-0200 |